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Stockholders' Equity and Share-based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Summarization of Changes in Restricted Stock Units

The following table summarizes the changes in RSUs:

 

     2012      2011      2010  
     Number
of  Restricted
Stock Units
    Weighted Average
Grant  Date Fair
Value
     Number
of  Restricted
Stock Units
    Weighted Average
Grant  Date Fair
Value
     Number
of  Restricted
Stock Units
    Weighted Average
Grant  Date Fair
Value
 

Nonvested, beginning of year

     826,482      $ 26.58         832,457      $ 19.33         655,792      $ 15.17   

Granted

     357,218        42.38         317,934        38.27         403,310        25.76   

Forfeited

     (71,425     28.95         (74,143     21.49         (43,536     13.08   

Vested

     (290,716     23.47         (249,766     18.80         (183,109     20.09   
  

 

 

      

 

 

      

 

 

   

Nonvested, end of year

     821,559      $ 34.34         826,482      $ 26.58         832,457      $ 19.33   
  

 

 

      

 

 

      

 

 

   
Assumptions Used to Value Grants of Stock Appreciation Rights

The following assumptions were used to value grants of SARs:

 

     Year Ended December 31,  
     2012      2011      2010  

Risk-free interest rate

     —          —          4.30

Dividend yield

     —          —          1.50

Expected life of option (in years)

     —          —          4.8   

Expected volatility (calculated historically)

     —          —          42

Weighted-average fair value of share-based compensation awards granted

   $ —        $ —        $ 11.05   
Summary of Stock Appreciation Rights

The following table summarizes the changes in SARs:

 

     2012      2011      2010  
     Number
of Stock
Appreciation
Rights
    Weighted
Average
Exercise
Price
     Number of
Stock
Appreciation
Rights
    Weighted
Average
Exercise
Price
     Number of
Stock
Appreciation
Rights
    Weighted
Average
Exercise
Price
 

Outstanding, beginning of year

     1,118,258      $ 62.81         1,289,073      $ 63.08         1,351,698      $ 64.51   

Granted

     —         —          —         —          60,000        30.01   

Forfeited

     (58,375     63.58         (132,690     71.76         (122,625     62.64   

Exercised

     (78,750     40.80         (38,125     40.78         —         —    
  

 

 

      

 

 

      

 

 

   

Outstanding, end of year

     981,133      $ 64.53         1,118,258      $ 62.81         1,289,073      $ 63.08   
  

 

 

      

 

 

      

 

 

   

Vested or expected to vest, end of year

     976,933      $ 64.68         1,085,878      $ 63.62         1,136,816      $ 64.71   
  

 

 

      

 

 

      

 

 

   

Exercisable, end of year

     951,133      $ 65.62         958,951      $ 66.92         860,271      $ 70.73   
  

 

 

      

 

 

      

 

 

   
Summary of Characteristics of Stock Appreciation Rights

The following table summarizes the characteristics of SARs at December 31, 2012:

 

     Stock Appreciation Rights Outstanding      Stock Appreciation Rights Exercisable  

Range of Exercise

Prices

   Shares      Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life-Years
     Shares      Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life-Years
 

$30.01 – $45.74

     417,880       $ 39.66         2.56         387,880       $ 40.40         2.39   

66.60 – 76.00

     342,243         73.57         1.32         342,243         73.57         1.32   

97.56 – 97.56

     221,010         97.56         0.20         221,010         97.56         0.20   
  

 

 

          

 

 

       

$30.01 – $97.56

     981,133       $ 64.53         1.60         951,133       $ 65.62         1.50   
  

 

 

          

 

 

       
Summary of Changes in Stock Options

The following table summarizes the changes in stock options:

 

     2012      2011      2010  
     Number
of Options
    Weighted
Average
Exercise
Price
     Number
of Options
    Weighted
Average
Exercise
Price
     Number
of Options
    Weighted
Average
Exercise
Price
 

Outstanding, beginning of year

     672,865      $ 58.79         1,122,865      $ 53.44         1,202,717      $ 53.03   

Granted

     —         —          —         —          —         —    

Forfeited

     (475,875     66.97         (381,625     47.82         (56,002     55.83   

Exercised

     (43,845     32.46         (68,375     32.16         (23,850     27.37   
  

 

 

      

 

 

      

 

 

   

Outstanding, end of year

     153,145      $ 40.91         672,865      $ 58.79         1,122,865      $ 53.44   
  

 

 

      

 

 

      

 

 

   

Vested or expected to vest, end of year

     153,145      $ 40.91         672,865      $ 58.79         1,122,865      $ 53.44   
  

 

 

      

 

 

      

 

 

   

Exercisable, end of year

     153,145      $ 40.91         672,865      $ 58.79         1,122,865      $ 53.44   
  

 

 

      

 

 

      

 

 

   
Summary of Characteristics of Options

The following table summarizes the characteristics of stock options at December 31, 2012:

 

     Options Outstanding and Exercisable  

Range of Exercise

Prices

   Shares      Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life-Years
 

$32.30 – $32.30

     80,905       $ 32.30         0.19   

50.55 – 50.55

     72,240         50.55         0.83   
  

 

 

       

$32.30 – $50.55

     153,145       $ 40.91         0.49